Day: February 27, 2007

Categories
Stocks

Not a Pretty Day

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Last Updated on February 27, 2007 by stlplace

I mean the stock market. Dow lost more than 400 points. My brokage account lost about 10% of its value today. The biggest decliners are Home Inns (HMIN) and Mindray (MR); but Crocs (CROX) and Heelys (HLYS) are not helping either 🙁

Now the question is: is this a healthy correction? Or the beginning of (dare I say) bear market? I don’t have the answer. Personally I feel the market needs some sort of correction, especially in China, where the reality did not support the hefty stock prices. But do I think US consumers and business suddenly hit the break on everything? Probablly not. Same thing can be said else where.

Categories
China

What Happened to Chinese Market?

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Last Updated on February 27, 2007 by stlplace

Today, Feb 27 Tuesday, the Chinese Stock Market got a huge sell off. You can see some rationale from this Seekingalpha article. This sell off also spread to the US market, not surprisingly some of the Chinese ADRs such as HMIN and MR also dropped 10%. Is it the beginning of a bear market? Or merely a correction? I don’t know. Predicating market trend is very difficult, and it’s not my job. One thing I do know is: investing in solid companies and grow with the company.

I will visit Shanghai in couple days, more first hand analysis of Chinese market will follow.

Categories
Career China

Mindray MR is Hiring

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Last Updated on June 10, 2009 by stlplace

Mindray, the leading medical device maker in Shenzhen, is hiring. Here is the link in Chinese. Most are R&D positions. And some campus recruiting events. Interestingly, I noticed they are looking for Spanish, Portuguese, German and Russian speaking sales person, as shown in this ad. From this and previous company’s SEC filings we can see the company still depends European (or South America) for the international growth. As you may know obtaining US regulatory approval for their product is a long process, although everyone knows this is the biggest piece of the pie.

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